The Future of Web Monetization

The Oyster team plans to release another token known as Oyster Shell.

On October 21st, the team held an ICO that ran through November 14th. Contributors received 5,000 Oyster Pearls for one Ethereum, which equates to approximately $.06 per Pearl.

The Oyster Protocol consists of six main components: storage users, broker nodes, website owners, web nodes, the IOTA Tangle, and Ethereum's blockchain.

These components all have an important function, but the most crucial component of the Oyster Protocol is the Oyster Pearl token itself.

When users visit a website with Oyster Protocol enabled, their web browsers automatically begin "Treasure hunting" for Pearls embedded across the IOTA Tangle.

Since their ICO ended, the Oyster team has been hard at work developing the Oyster network.

While the Oyster Pearl network has been planned and in development for some time, the Oyster team recently dropped some unexpected news.

Oyster Shell tokens will build on the existing Oyster network.

While Pearl tokens are used for data storage, Shells will be used to access the decentralized internet through the Oyster network.

The addition of Oyster Shell completes the Oyster network and introduces decentralized internet.